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1505 Kanakoa Drive S

Tool, TX 75143
  • $699,900
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 20916321
UPDATED: 58 min ago
$699,900
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Offered by Paul Ruth of RE/MAX Dallas Suburbs: 940-300-1887.

Description

GREAT CAP RATE Pro Forma! VRBO Rental Opportunity! This Spacious lake retreat situated on large tree shaded lot with wonderful lake views on the water will attract the best of the best Vacation, Rental, Hospitality. This is turnkey project. All furnishings, dishes, appliances, fishing equipment, even a large Bay liner Ski or Fishing boat comes with the property. EVERYTHING is there for an investor to immediately start booking rooms. This well maintained 3 bedroom 3 bath home is the perfect getaway and will sleep up to 15 comfortably. The home features 2 living areas and 2 master bedrooms. Rustic finish out with wood floors, exposed beams, and roughed cedar ceiling. Open concept with lots of windows on the lake side. Kitchen offers solid surface counter tops, tile back splash, double ovens and breakfast bar. The upstairs master bedroom offers a separate room currently being used as bunk room or fourth bedroom. Great outdoor entertaining area with wrap around porch plus outdoor dining area and built in grilling area! Great boathouse with power lift for a boat and jet ski with remote operation. All covered along with lake pump and sprinkler system for the entire yard. Lots of space to park on the large concrete drive. This lake house comes furnished plus a great boat to enjoy the lake life!

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-08T13:45:02.007.
www.homesbylainie.com/homes/163002863
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1505 Kanakoa Drive S Tool, TX 75143

  • Price: $699,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 58 min ago
  • MLS #: 20916321
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1980
Built
Neighborhood:
Paradise Bay
County:
Henderson
Area:
Tool
Property Description
GREAT CAP RATE Pro Forma! VRBO Rental Opportunity! This Spacious lake retreat situated on large tree shaded lot with wonderful lake views on the water will attract the best of the best Vacation, Rental, Hospitality. This is turnkey project. All furnishings, dishes, appliances, fishing equipment, even a large Bay liner Ski or Fishing boat comes with the property. EVERYTHING is there for an investor to immediately start booking rooms. This well maintained 3 bedroom 3 bath home is the perfect getaway and will sleep up to 15 comfortably. The home features 2 living areas and 2 master bedrooms. Rustic finish out with wood floors, exposed beams, and roughed cedar ceiling. Open concept with lots of windows on the lake side. Kitchen offers solid surface counter tops, tile back splash, double ovens and breakfast bar. The upstairs master bedroom offers a separate room currently being used as bunk room or fourth bedroom. Great outdoor entertaining area with wrap around porch plus outdoor dining area and built in grilling area! Great boathouse with power lift for a boat and jet ski with remote operation. All covered along with lake pump and sprinkler system for the entire yard. Lots of space to park on the large concrete drive. This lake house comes furnished plus a great boat to enjoy the lake life!
Exterior Features

Construction Vinyl Siding Foundation Pillar/Post/Pier Lot Description Few TreesInterior LotSubdivisionWater/Lake View Lot Size Source Public Records Parking Or Garage ConcreteDrivewayOn SiteOutsideOversized Roof Composition Waterfront Features Dock – CoveredLake FrontPersonal Watercraft LiftRetaining Wall – Other Waterfront YN Yes

Interior Features

Ceiling Height Other Cooling Ceiling Fan(s)Central AirElectric Flooring Carpet Handicap YN No Heating CentralElectricHeat Pump Sq Ft Gross 2400

Property Features

Building Area Source Public Records Building Area Total 2400.00 Building Use Other Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 Lake Pump No Listing Terms Lease PurchaseOwner Will Carry Multi Zoning No Municipal Utility District No Net Operation Income 0 Owner Pays All Utilities Possession Closing/Funding Property Type Business Tenant Pays Other Transaction Includes Other Unexempt Taxes 7985 Utilities City Water Will Subdivide Yes Zoning Lake Property

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-08T13:45:02.007.
 
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Homes By Lainie Real Estate Group
682 E. FM 120, Ste 3
Pottsboro TX, 75076
Offered by Paul Ruth of RE/MAX Dallas Suburbs: 940-300-1887.